Canndescent, the provider of the #1 selling Cannabis flower in California, announced today it has received Red Herring’s Top 100 North America award. The prestigious accolade honors the year’s most promising private technology ventures from the North American business region.

Founder and CEO, Adrian Sedli: “I really see this as an industry achievement award, and we share it with all the other great companies in the cannabis industry who’ve been innovating and swinging hammers to redefine the industry.”

CANNDESCENT® Wins 2018 Red Herring Top 100 North America Award

Top Cannabis Products Company Becomes First In Industry to Receive the Esteemed Red Herring Award

Santa Barbara, CA – June 21,2018 – Canndescent, a market leading cannabis company and the #1 selling Cannabis flower in California, announced today it has received Red Herring’s Top 100 North America award, a prestigious accolade which honors the year’s most promising private technology ventures from the North American business region. This is the first time a cannabis company has received or been nominated for this globally recognized award.

Canndescent has turned what many perceive as an agricultural commodity, cannabis flower, into the leading, luxury brand in the industry. In doing so, it has served as the tip of the sword, mainstreaming the cannabis category and redefining public perception. Since inception, the company has innovated the cannabis market and made it more consumer-friendly, becoming the first cultivator on the planet to abandon strain names and market cannabis flowers based on effect—Calm, Cruise, Create, Connect, and Charge.

The Red Herring editorial team selected the most innovative companies from all of North America and evaluated them on 20 main quantitative and qualitative criterion, which include disruptive impact, market footprint, proof of concept, financial performance, technology innovation, social value, quality of management, execution of strategy, and integration into…

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Electrum Partners is an advisory services firm specializing in medical and adult use cannabis and ancillary businesses.
Electrum collaborates with private and public companies looking to raise capital and improve shareholder value and liquidity. We are trusted advisors to policy-makers and governments looking affect meaningful change, investors looking to maximize their returns, and companies looking to make the private-to-public transition. Let’s talk about how we can work together.